Norfolk Southern agrees to pay $600 million for East Palestine, Ohio, train derailment
Norfolk Southern has agreed to pay $600 million in a class-action lawsuit settlement related to last year's fiery train derailment that affected East Palestine, Ohio. The company said Tuesday that the agreement, if approved by the court, will resolve all class action claims within a 20-mile radius from the derailment and, for those residents who choose to participate, personal injury claims within a 10-mile radius from the derailment.Norfolk Southern added that individuals and businesses will be able to use compensation from the settlement in any manner they see fit to address potential adverse impacts from the derailment, which could include health care needs, property restoration and compensation for any net business loss. Individuals within 10-miles of the derailment may, at their disc...